The British Press Inform the "Sheep" that all is not well on the farm!

[Mega]

I tried for 18 months to get "Sheep" to understand.............how ever now words like "Recession & Depression" are being usde in LARGE EASY TO READ PRINT they might just get it!

http://www.independent.co.uk/news/bu...on-796428.html
Mike

[GRG55]

Re: The British Prees Inform the "Sheep" that all is not well on the farm!

I tried for 18 months to get "Sheep" to understand.............how ever now words like "Recession & Depression" are being usde in LARGE EASY TO READ PRINT they might just get it!

http://www.independent.co.uk/news/bu...on-796428.html
Mike

It's hard not to keep from laughing when yet another "senior market strategist" references "The Real Economy". Think they are intuitively acknowledging the existence of the FIRE economy, even if they are totally clueless as to what it is and how it works?

"...In the UK, Michael Taylor, a senior market strategist at Lombard, the economics consultancy, said on Friday night: "We have all been talking about a 1970s-style crisis but as each day goes by this looks more like the 1930s. No one has any clue as to where this is going to end; it's a self-feeding disaster."

Mr Taylor, who had been relatively optimistic, has turned bearish: "It really does look as though the UK is now heading for a recession...

...Mr Taylor added that he expects a sharp downturn in the real UK economy as the public and companies stop borrowing. "We have never seen anything like this before. This is new territory for us..."

[Mega]

Re: The British Prees Inform the "Sheep" that all is not well on the farm!

Bit more for you:-
http://business.timesonline.co.uk/to...cle3558527.ece
Mike

[Mega]

Re: The British Prees Inform the "Sheep" that all is not well on the farm!

and here come the JOB(10,000) loesses:-
http://www.guardian.co.uk/business/2...l.creditcrunch

I remember Greenspan said last year that Britan would get hit HARDER than America...........Fingers crossed
Mike

[Chris]

Re: The British Press Inform the "Sheep" that all is not well on the farm!

fingers crossed? Are you crazy or just heavily positioned?

[metalman]

Re: The British Press Inform the "Sheep" that all is not well on the farm!

fingers crossed? Are you crazy or just heavily positioned?

yeh, mega's got



oh, wait. they don't let you have guns in the uk. scratch that. make it...



perfect combo!

[Mega]

Re: The British Press Inform the "Sheep" that all is not well on the farm!

I will NOT be in the UK much longer ;)
More Bear Food:-
http://www.telegraph.co.uk/money/mai.../16/do1601.xml
Mike

[Guest]

Re: The British Press Inform the "Sheep" that all is not well on the farm!

Miker -

What a great line -

"For securities in the Nineties, read sub-prime in the Noughties"!

[Jim Nickerson]

Re: The British Press Inform the "Sheep" that all is not well on the farm!

I will NOT be in the UK much longer ;)
More Bear Food:-
http://www.telegraph.co.uk/money/mai.../16/do1601.xml
Mike

Mike, I appreciate the nice job you do of putting up this British articles. The stuff you choose seems to make our journalists seem a bit peaked (sickly).

[Mega]

Re: The British Press Inform the "Sheep" that all is not well on the farm!

Look. all am trying to do is fine info from this side of the pond and try to give you guys a "Heads up". With the exception of ONE person you guys seem to like what am doing.
Mike

[jk]

Re: The British Prees Inform the "Sheep" that all is not well on the farm!

It's hard not to keep from laughing when yet another "senior market strategist" references "The Real Economy". Think they are intuitively acknowledging the existence of the FIRE economy, even if they are totally clueless as to what it is and how it works?

"...In the UK, Michael Taylor, a senior market strategist at Lombard, the economics consultancy, said on Friday night: "We have all been talking about a 1970s-style crisis but as each day goes by this looks more like the 1930s. No one has any clue as to where this is going to end; it's a self-feeding disaster."

Mr Taylor, who had been relatively optimistic, has turned bearish: "It really does look as though the UK is now heading for a recession...

...Mr Taylor added that he expects a sharp downturn in the real UK economy as the public and companies stop borrowing. "We have never seen anything like this before. This is new territory for us..."

i think when most commentators reference the real economy, they are distinguishing it from the financial markets. they haven't begun to think about the financial economy behind the financial markets, as distinguished from the p+c economy.

[GRG55]

Re: The British Press Inform the "Sheep" that all is not well on the farm!

Look. all am trying to do is fine info from this side of the pond and try to give you guys a "Heads up". With the exception of ONE person you guys seem to like what am doing.
Mike

Keep it up Mega. Don't let the naysayers get you down. Your post that started this thread was a classic...